Commercial Road are delighted to invite offers for this well-established and profitable online virtual training provider.
Incorporated as a Limited UK Company in 2017, with teams currently in 3 different countries, this Training Provider continues to offer proven and effective learning solutions on an international basis. Although currently based and operated from Edinburgh, United Kingdom, the current owner is a frequent traveller, and the business is set up to be run from anywhere in the world by just being connected to the WiFi.
The business model of this Training Provider drives maximum profitability through the following 3 key driving factors:
There are no employees. The entire team consists of Associates who are self-employed but work together in a symbiotic work relationship. This means there are no guaranteed salaries, as Associates are paid on demand basis, invoiced monthly in arrears.
No overheads such as premises, vehicles, equipment etc. Virtual training is conducted on-line. Face to face is conducted on site, with the client providing the venue. All training Consultants have their own training equipment to conduct virtual classes.
No business risk or bad debts. All collages pay at the end of the following month. All other clients (business and individual) pay upfront, prior to training. Associates are only paid for training completed.
Revenue is generated through 4 income channels, listed below in order of current volume:
1 Universities and Collages use this Provider to design and deliver business skills training on an Associates basis. Associates are charged out at a daily rate. This is recurring repeat business, and bookings are received daily.
2 Other Training Providers contact us when they require experiences Trainers to support them on an Associates basis. Associates are charged out at a daily rate.
3 Corporates and businesses. This Provider has its own Associate New Business Sales Team who are sourcing new contracts/tenders. This generates a lucrative revenue based on a “per-learner” basis. – and has huge scope for growth. A commission is paid to the New Business Associate Team member. An Associate Head of New Business drives the performance and coaching of this team.
4 The general public enrol on Training courses via the online store, website, and other directory listing. This generates a revenue based on a “per-learner” basis. – and has much scape for growth.
The business has flourished during Covid. The current owner embarked on a successful and targeted growth campaign achieving the following sustainable results:
Securing many new clients and recurring contracts
Growing an Operational Associate Training Consultant Team
Establishing an Associate New Business Sales Team
Increasing the company’s social media presence
Setting up an affiliate program
Growing the companies training offering to over 275 courses, covering:
Leadership development
Personal and Team Development
IT Skills
Customer Service
Employee Wellbeing
SME Support
The new owner has opportunity to increase this offering, thus generating new revenue through new channels.
We believe that this company would be a great bolt on for an individual or company that is already in the training, education, or e-commerce industry.
Alternatively due to the business being self-sufficient and running itself would be ideal for a first-time buyer, or existing business owner also.
Is this something that I appealing to you? Contact Commercial Road and let us help you to get started into your new venture.
